Precipitate Gold Corp Net Assets
Precipitate Gold Corp net assets. Based on the latest financial reports, Precipitate Gold Corp (PRG) has net assets worth CA$4.33 Million CAD (≈ $3.14 Million USD) as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$4.67 Million ≈ $3.38 Million USD) and total liabilities (CA$338.68K ≈ $245.00K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Precipitate Gold Corp net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.33 Million |
| % of Total Assets | 92.75% |
| Annual Growth Rate | 15.44% |
| 5-Year Change | 58.63% |
| 10-Year Change | 323.65% |
| Growth Volatility | 126.52 |
Net Assets of Precipitate Gold Corp (2011–2024)
Net assets of Precipitate Gold Corp from 2011 to 2024. This chart illustrates how Precipitate Gold Corp's net assets have evolved over time, based on quarterly financial data. See Precipitate Gold Corp (PRG) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Precipitate Gold Corp (2011–2024)
The table below shows the annual net assets of Precipitate Gold Corp from 2011 to 2024. For live market cap and overall valuation, see PRG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$5.43 Million ≈ $3.93 Million |
-10.05% |
| 2023-11-30 | CA$6.04 Million ≈ $4.37 Million |
+4.27% |
| 2022-11-30 | CA$5.79 Million ≈ $4.19 Million |
+144.20% |
| 2021-11-30 | CA$2.37 Million ≈ $1.71 Million |
-30.74% |
| 2020-11-30 | CA$3.42 Million ≈ $2.48 Million |
+2.90% |
| 2019-11-30 | CA$3.33 Million ≈ $2.41 Million |
+96.00% |
| 2018-11-30 | CA$1.70 Million ≈ $1.23 Million |
-30.66% |
| 2017-11-30 | CA$2.45 Million ≈ $1.77 Million |
-37.45% |
| 2016-11-30 | CA$3.91 Million ≈ $2.83 Million |
+205.27% |
| 2015-11-30 | CA$1.28 Million ≈ $927.16K |
-62.21% |
| 2014-11-30 | CA$3.39 Million ≈ $2.45 Million |
-0.94% |
| 2013-11-30 | CA$3.42 Million ≈ $2.48 Million |
-18.85% |
| 2012-11-30 | CA$4.22 Million ≈ $3.05 Million |
+402.86% |
| 2011-11-30 | CA$839.14K ≈ $607.02K |
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Equity Component Analysis
This analysis shows how different components contribute to Precipitate Gold Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1548826200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Precipitate Gold Corp Net Assets Breakdown (November 2024)
Precipitate Gold Corp net assets breakdown by equity component as of November 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$21.55 Million | 396.91% |
| Total Equity | CA$5.43 Million | 100.00% |
Precipitate Gold Corp Competitors by Market Cap
The table below lists competitors of Precipitate Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arcure SA
PA:ALCUR
|
$11.32 Million |
|
SunCar Technology Group Inc.
NASDAQ:SDA
|
$11.32 Million |
|
SOLWERS OYJ EO 1
F:0ST
|
$11.32 Million |
|
Atlantis Yatirim Holding AS
IS:ATSYH
|
$11.32 Million |
|
Karya Bersama Anugerah Pt
JK:KBAG
|
$11.31 Million |
|
GR.SOU.COP. LS-01
F:E9E
|
$11.30 Million |
|
Kucingko Berhad
KLSE:0315
|
$11.30 Million |
|
Dolphin Entertainment Inc
NASDAQ:DLPN
|
$11.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Precipitate Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,036,365 to 5,429,867, a change of -606,498 (-10.0%).
- Net loss of 768,522 reduced equity.
- Other comprehensive income decreased equity by 4,439,108.
- Other factors increased equity by 4,601,132.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-768.52K | -14.15% |
| Other Comprehensive Income | CA$-4.44 Million | -81.75% |
| Other Changes | CA$4.60 Million | +84.74% |
| Total Change | CA$- | -10.05% |
Book Value vs Market Value Analysis
This analysis compares Precipitate Gold Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.88x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.57x to 2.88x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-11-30 | CA$0.21 | CA$0.12 | x |
| 2013-11-30 | CA$0.13 | CA$0.12 | x |
| 2014-11-30 | CA$0.10 | CA$0.12 | x |
| 2015-11-30 | CA$0.03 | CA$0.12 | x |
| 2016-11-30 | CA$0.07 | CA$0.12 | x |
| 2017-11-30 | CA$0.03 | CA$0.12 | x |
| 2018-11-30 | CA$0.02 | CA$0.12 | x |
| 2019-11-30 | CA$0.04 | CA$0.12 | x |
| 2020-11-30 | CA$0.03 | CA$0.12 | x |
| 2021-11-30 | CA$0.02 | CA$0.12 | x |
| 2022-11-30 | CA$0.05 | CA$0.12 | x |
| 2023-11-30 | CA$0.05 | CA$0.12 | x |
| 2024-11-30 | CA$0.04 | CA$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Precipitate Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -14.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-14.15%) is above the historical average (-51.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -43.18% | 0.00% | 0.00x | 1.01x | CA$-2.24 Million |
| 2013 | -44.00% | 0.00% | 0.00x | 1.02x | CA$-1.85 Million |
| 2014 | -41.34% | 0.00% | 0.00x | 1.01x | CA$-1.74 Million |
| 2015 | -252.74% | 0.00% | 0.00x | 1.04x | CA$-3.37 Million |
| 2016 | -44.77% | 0.00% | 0.00x | 1.06x | CA$-2.14 Million |
| 2017 | -71.30% | 0.00% | 0.00x | 1.03x | CA$-1.99 Million |
| 2018 | -55.44% | 0.00% | 0.00x | 1.04x | CA$-1.11 Million |
| 2019 | -16.41% | 0.00% | 0.00x | 1.01x | CA$-878.31K |
| 2020 | -50.27% | 0.00% | 0.00x | 1.02x | CA$-2.06 Million |
| 2021 | -72.45% | 0.00% | 0.00x | 1.06x | CA$-1.95 Million |
| 2022 | 26.80% | 0.00% | 0.00x | 1.38x | CA$972.44K |
| 2023 | 5.94% | 0.00% | 0.00x | 1.06x | CA$-245.03K |
| 2024 | -14.15% | 0.00% | 0.00x | 1.06x | CA$-1.31 Million |
Industry Comparison
This section compares Precipitate Gold Corp's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $677,650,424
- Average return on equity (ROE) among peers: -20.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Precipitate Gold Corp (PRG) | CA$4.33 Million | -43.18% | 0.08x | $11.32 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $2.40 Billion |
| Abcourt Mines Inc. (ABI) | $-3.13 Million | 0.00% | 0.00x | $47.48 Million |
| Barrick Gold Corp (ABX) | $3.85 Billion | 10.41% | 0.78x | $61.83 Billion |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $133.41 Million |
| Agnico Eagle Mines Limited (AEM) | $110.01 Million | 9.00% | 1.33x | $85.78 Billion |
| Alamos Gold Inc (AGI) | $2.70 Billion | 3.57% | 0.26x | $11.51 Billion |
| AIS Resources Ltd (AIS) | $2.27 Million | 1.48% | 0.03x | $2.02 Million |
| Alliance Mining Corp (ALM) | $-2.44 Million | 0.00% | 0.00x | $2.09 Million |
| Altamira Gold Corp (ALTA) | $2.59 Million | -43.05% | 0.10x | $38.63 Million |
| Almaden Minerals Ltd (AMM) | $9.85 Million | -13.46% | 0.05x | $24.82 Million |
About Precipitate Gold Corp
Precipitate Gold Corp. engages in the acquisition and exploration, exploitation, and development of mineral resources in Canada and the Dominican Republic. The company explores for gold and base metal deposits. It primarily holds 100% interests in the Juan de Herrera project covering an area of approximately 12,706 hectares; the Pueblo Grande project that consists of single contiguous claim block… Read more